Dec 2025
During Q4'2025, average property prices for Parekh House moved from ₹ 34,350/sqft to ₹ 36,600/sqft, reflecting a 6.55% rise.
Mumbai
Located in Sion, Mumbai, Parekh House offers a vibrant residential experience. Developed by Innovative Realest Private Limited, it features 12 homes. The project provides easy access through Eastern Express Highway, LBS Marg and is close to Lion Tarachand Bapa Hospital, Sion, Mp Bhutta High School, Sion, Maharashtra Nature Park, Dharavi.
With 1 BHK available, the units range from 490 Sq.Ft. to 490 Sq.Ft.. Residents will appreciate the convenience of nearby Satyam BMC High School, Mp Bhutta High School, Guru Nanak School, Lion Mp Bhuta Sion Sarvajanik High School, Guru Nanak National High School and Karnataka Bank, Punjab and Maharashtra Co-Operative BankLimited, Punjab And Mahashtra Cooperative Bank, State Bank Of India, Idbi Bank Ltd. The locality has a livability index of 4.3 and a lifestyle index of 4.3. The development is currently under Ready to Move and is registered under P51900034002.
Parekh House is a residential project by Innovative Realest Private Limited, situated at Sion Mumbai with pincode 400022. The development is spread across 0.12 Acres and offers 1 BHK Flats. Prospective residents can choose from 1 different configurations, with 1 BHK Apartment having an area of 490 Sq. Ft..
This project features 1 residential blocks and offers a range of modern amenities including Kids' Play Areas / Sand Pits, Power Backup, Treated Water Supply, 24 x 7 Security, Normal Park / Central Green, Indoor Games. The locality is ranked 73 and has a connectivity index of 4.3 and an education & healthcare index of 4.3.
The average asking price in the locality is ₹ 28,100 /Sq.Ft., and the average rental price is ₹ 102 /Sq.Ft., while the average rental price bhk wise is STUDIO with price ₹ 18.2 K, 1 BHK with price ₹ 42.6 K, 2 BHK with price ₹ 60.7 K, 3 BHK with price ₹ 83.8 K. 1 completed projects add to the reliability of this development. The project offers units with a minimum size of 490 Sq.Ft. and adheres to high Oil Bound Distemper, Vitrified Tiles, RCC Frame Structure standards. The project falls under the Residential category and is located in the Mumbai South area.
During Q4'2025, average property prices for Parekh House moved from ₹ 34,350/sqft to ₹ 36,600/sqft, reflecting a 6.55% rise.
Structural Works reach 100% completion, External Works has reached 85%, Internal finishing stands at 85%, MEP Services including lift and staircases, are now 85% done.
Structural Works reach 95% completion, MEP Services including lift and staircases, are now 33% done.
Structural Works reach 8% completion.
PAREKH HOUSE, developed by INNOVATIVE REALEST PRIVATE LIMITED, officially launched on 17-Mar-2022 and expected to complete by 22-Dec-2025. Registered under RERA No. P51900034002. The project comprises 1 towers and offers 12 residential units, including 1 BHK, 1 RK, 2 BHK, 3 BHK, 4 BHK, with unit sizes ranging from 226 to 5274 Square feet across a total area of 0.13 Acre.
Parekh House offers 1 BHK Flats designed for modern living. The residences range from 490 Sq.Ft. to 490 Sq.Ft., catering to diverse lifestyle needs.
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These units are thoughtfully designed within 1 to maximize space and comfort.
Residents at Parekh House can enjoy a modern lifestyle with access to Kids' Play Areas / Sand Pits, Power Backup, Treated Water Supply, 24 x 7 Security, Normal Park / Central Green, Indoor Games. These features cater to diverse interests and age groups, promoting an active and social community.
This development focuses on enhancing the living experience for homebuyers. With its strategic planning and attention to detail, it aims to provide a harmonious blend of comfort and convenience. Residents can take advantage of these amenities to relax, rejuvenate, and connect with neighbors, fostering a strong sense of belonging.
| Master Bedroom-Walls | Oil Bound Distemper |
| Master Bedroom-Flooring | Vitrified Tiles |
| Walls | Oil Bound Distemper |
| Living Area-Flooring | Vitrified Tiles |
| Structure | RCC Frame Structure |
Parekh House is strategically located at Sion Mumbai, ensuring excellent connectivity. The presence of Eastern Express Highway, LBS Marg enhances accessibility to key destinations. Proximity to Lion Tarachand Bapa Hospital, Sion, Mp Bhutta High School, Sion, Maharashtra Nature Park, Dharavi adds to the convenience of residents. This area has a connectivity index of 4.3, making commutes easier.
Families will appreciate the closeness to Satyam BMC High School, Mp Bhutta High School, Guru Nanak School, Lion Mp Bhuta Sion Sarvajanik High School, Guru Nanak National High School and Karnataka Bank, Punjab and Maharashtra Co-Operative BankLimited, Punjab And Mahashtra Cooperative Bank, State Bank Of India, Idbi Bank Ltd. This location provides easy access to daily necessities and essential services. With 1 residential blocks, it offers a balanced lifestyle. The locality is ranked 73, indicating its desirability as a residential hub.
The 0.12 Acres development benefits from a well-established infrastructure. Its strategic position ensures seamless connectivity to major commercial and recreational hubs. The 400022 area is known for its convenience and accessibility.
Insights based on nearby schools, healthcare, connectivity, workplaces and everyday infrastructure.
Families with school-going children may benefit from multiple education options nearby, helping reduce long daily commutes and making regular drop-offs more convenient.
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Connecting Roads - Parekh House
Parekh House is currently Ready to Move, ensuring a timely handover to its residents. The development is meticulously planned and executed, with a focus on quality and adherence to timelines.P51900034002 confirms that this project is fully compliant with regulatory standards, offering peace of mind to potential homeowners.
With the Ready to Move status, the focus remains on delivering homes that meet the highest expectations. The 12 residences are designed with modern living in mind, and the construction progress reflects a commitment to excellence. This development is set to redefine urban living.
Price Insights
Locality Snapshot
Great
+5 More
Sion Railway Station (Central Line) and Chuna Bhatti Railway Station (Harbour Line) are two key stations of this locality
Concerning
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Waterlogging occurs during monsoons due to poor drainage system
Reviews (5)
Parekh House is brought to you by Innovative Realest Private Limited. The developer has a strong legacy with 1 completed projects, demonstrating their commitment to quality and timely delivery. This company focuses on creating spaces that cater to the needs of modern families.
They are known for their meticulous planning and attention to detail, ensuring that every project is a landmark in itself. This developer's expertise lies in crafting residential developments that offer a harmonious blend of comfort and style. They strive to create communities that foster a sense of belonging.
This website is only for the purpose of providing information regarding real estate projects in different geographies. Any information which is being provided on this website is not an advertisement or a solicitation. The company has not verified the information and the compliances of the projects. Further, the company has not checked the RERA* registration status of the real estate projects listed herein. The company does not make any representation in regards to the compliances done against these projects. Please note that you should make yourself aware about the RERA* registration status of the listed real estate projects.
*Real Estate (regulation & development) act 2016.
